Wells Fargo has filed a limited objection to the proposed sale of Twin City Hospital in Dennison, Ohio, to Trinity Hospital Twin City, an affiliate of Sylvania, Ohio-based Franciscan Services Corp., according to a report by the Times-Reporter.
Transactions & Valuation Issues
Circuit Judge Richard Graham has set a target date of June 30 to dissolve the merger of Bert Fish Medical Center in New Smyrna Beach, Fla., with Adventist Health's Florida Hospital in Orlando, according to an Orlando Sentinel report.
St. Luke's Magic Valley Medical Center in Twin Falls, Idaho, is scheduled to open on May 21, according to a statement by Boise-based St. Luke's Health System.
Cheyenne (Wyo.) Regional Medical Center said it is not considering any acquisition offers, but is developing a new strategic alignment process, according to a hospital news release.
Here are 11 hospital transactions that occurred in the previous week, beginning with the most recent.
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DLP Healthcare, the joint venture between Duke University Health System and LifePoint Hospitals, has acquired a majority of the assets of Charlotte, N.C.-based MedCath Partners, a division of MedCath that operates cardiac catheterization labs for $25 million, according to a…
Elyria, Ohio-based EMH Healthcare is planning to convert its EMH Amherst (Ohio) Hospital into a standalone emergency treatment center and skilled nursing facility this summer, according to a Morning Journal report.
Earlier this week Community Health Systems offered its third and supposedly final offer to acquire Tenet Healthcare Corp. at $7.25 per share, but analysts say the offer won't likely be enough to woo Tenet into a sale, according to a…
Manhasset, N.Y.-based North Shore-LIJ Health System and Montefiore Medical Center in Bronx, N.Y., have formed a strategic alliance to share best practices related to quality, clinical services and operational efficiencies, according to a North Shore-LIJ release. Both providers will remain…
Many healthcare facility and property owners have a surplus of undeveloped land near their existing building, but they don't know how to use the excess property to their advantage, according to a report from Principle Valuation.